4224 Crestline, Fair Oaks, CA 95628
- $1,200,000
- 5,209
- SqFt
- List Price
- $1,200,000
- Price Change
- ▼ $50,000 1780963581
- MLS#
- 226045511
- Status
- ACTIVE
- Living Sq. Ft
- 5,209
- Type
- Single Family Residential
- Zip
- 95628
- City
- Fair Oaks
Property Description
Blundenhouse Apartments is in Fair Oaks, California, a suburb east of Sacramento, known as a desirable bedroom community with highly rated schools. The property features eight apartment units featuring studio, one bedroom, and two bedrooms floorplans. Originally Built in 1950, Blundenhouse was built in Fair Oaks historic downtown district, which is home to numerous restaurants, boutique shops, and Village Park. Residents enjoy being walking distance to the Downtown amenities and the American River Parkway / Jedidiah Smith Bike Trail. Five of the Eight Units are in the central building of the property that was originally built as a single family home in the 1950's. In approximately 1990, the building was permitted to separate the building into five apartment units and added three more units elsewhere on the grounds. Because of the different construction phases and peculiar ways the units were created, no floorplan is the same and vary greatly in square footage. Adding to the property's unique nature, the property has a pool and a very large sundeck for residents to enjoy, a very rare amenity for a property of its size. Existing rents are approximately 17% under market, allowing the next savvy investor to maximize property value through more aggressive management and the proven renovation model. Between the charm of the property itself, the immediate surrounding area, and robust submarket fundamentals, Blundenhouse is poised for continued rent growth and upward trajectory.
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Additional Information
- Land Area (Acres)
- 0.29
- Year Built
- 1950
- Subtype
- 5 or More Units
- Subtype Description
- Apartments
- Construction
- Wood
- Foundation
- Raised, Slab
- Stories
- 2
- Garage
- Street
- Floor Coverings
- Carpet, Vinyl
- Laundry Description
- In Common Area, Washer/Dryer Owned, Varies by Unit
- Kitchen Appliances
- Dishwasher, Microwave
- Cooling
- Central
- Heat
- Central
- Water
- Meter on Site, Private
- Utilities
- Sewer Connected, City
- Sewer
- Public Sewer
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Listing courtesy of Marcus & Millichap Real Estate.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .